NEW YORK - Tender rates for the Treasury Department’s latest 91-day and 182-day discount bills were lower, as the three-months incurred a 0.050% high rate, off from 0.065% the prior week, and the six-months incurred a 0.100% high rate, down from 0.115% the week before.
Coupon equivalents were 0.051% and 0.102%, respectively.
The price for the 91s was 99.987361 and that for the 182s was 99.949444.
The median bid on the 91s was 0.030%. The low bid was 0.020%.
Tenders at the high rate were allotted 25.73%. The bid-to-cover ratio was 4.75.
Tenders totaled $137,691,331,800 and the Treasury accepted $29,000,741,000 including $953,131,800 of non-competitive.
The Fed banks bought nothing for themselves.
The median bid for the 182s was 0.080%. The low bid was 0.040%.
Tenders at the high rate were allotted 25.52%. The bid-to-cover ratio was 4.94.
Tenders totaled $133,511,515,000 and the Treasury accepted $27,000,555,000, including $657,715,000 of non-competitive.
The Fed banks bought nothing for themselves.
